Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
Article
21 January 2016 - In FCLT’s March 2015 publication ‘The Long-Term Portfolio Guide‘, we argued that while progress has been made in the last few years with the creation of non-traditional indexes that are not solely focused on market capitalization, more could be done to design and utilize benchmarks that foster a longer-term orientation. If widely adopted by asset owners and managers, such benchmarks may well have the power to influence boards and management at investee companies, resulting in more efficient deployment of corporate strategies and capital aimed at...
Article
18 September 2015 - A group of corporate and investment leaders convened in Santiago, São Paulo, and Singapore to discuss the roadmap for focusing capital on the long term, identify how short-termism manifests itself in particular economies and solicit ideas for how local businesses and investors can enhance their long-term focus. The sessions in Santiago and São Paulo were co-hosted by CPPIB and McKinsey & Co, with CPPIB and GIC acting as co-hosts for the session in Singapore. Key highlights from these round-tables include: Short-termism is an issue with broad relevance: Participants challenged...
Article
10 March 2015 - On March 10, 2015 more than 120 senior global leaders from all parts of the investment value chain, including asset owners, asset managers, corporate boards, management and policymakers, gathered at the Long-Term Value Summit in New York. The Summit program was designed to take leaders on a journey: first reflecting on their personal roles as leaders; then examining the various challenges and actions that their respective link in the value chain must take; and, finally coming together to understand how true system-wide change can be effected. The...